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Nektan : Issues Shares After GBP300,500 Of 2020 Loan Notes Converted (ALLISS)

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04/25/2017 | 02:26pm CEST

LONDON (Alliance News) - Nektan PLC on Tuesday said it has issued 885,818 new shares after GBP300,500 worth of its 2020 loan notes were converted at a price of 34.375 pence each.

Nektan said the conversion was in relation to its series A fixed rate secured loan notes due in 2020, and the shares should be admitted on Friday.

Nektan shares were up 7.3% on Tuesday at 61.15 pence.

Copyright 2017 Alliance News Limited. All Rights Reserved., source Alliance News

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Nektan PLC Technical Analysis Chart | NKTN | GI000A12CYF8 | 4-Traders
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Leigh Nissim Chief Executive Officer
James Henry Wilkinson Non-Executive Chairman
Patrick Malcolm Mann Sinclair Chief Financial Officer
Gary Shaw Executive Director & Strategy Director
Sandeep Reddy Non-Executive Director
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